Which of the following statements regarding annuities is FALSE?
A) PV of an annuity = C × ImageImage
B) The difference between an annuity and a perpetuity is that a perpetuity ends after some fixed number of payments.
C) An annuity is a stream of N equal cash flows paid at regular intervals.
D) Most car loans, mortgages, and some bonds are annuities.
Answer: B
Business
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How much of a stock's $30 price is reflected in PVGO if it expects to earn $4 per share, has an expected dividend of $2.50, and a required return of 20 percent?
A) $8.00 B) $0 C) $6.00 D) $10.00
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Simply being disabled qualifies someone for a job under the ADA
Indicate whether this statement is true or false.
Business